May, 2011, foreign trade

Monday, June 27, 2011
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International Trade in May, 2011

The export of Thailand is still on the rising trend in the 2nd quarter. The value of export was 580,049 million baht which was approximately 10% increasing from last April 2011 and as well as from last May 2010. The value of import was 579,070 million baht which was approximately 3.68% increasing from April 2011 and 25.28% from May 2010. In the dollar term, comparing to the April 2011 and May 2010, the export increased about 10.8% and 17.6% respectively. The import increased approximately 4.5% and 33.7% compared to April, 2011 and May, 2010 respectively.

The significant growth of May, 2011 came from both agricultural sector and industrial sector. The agricultural growth might due to the rising unit price. However, it is worthwhile to note that most of the labor intensive industries such as textiles, furniture or shoes showed little or negative growth, while the more skilled and technological intensive products such as machineries and electronics showed significant growth, both of  which imply to the industrial competitiveness in the global market.

It is believed that the export of Thailand is still increasing as evidence from the increasing of the import and as demanded by the increasing income of the people in the developing world and need of quality products with reasonable price.

The table below shows the monthly export value in both Thai and US currency back to January, 2007  till May, 2011. As to be seen that, the May, 2011 export was the second largest value in the history.

Thailand Export in Million Baht      
year 2007 2008 2009 2010 2011 %11/10
Jan. 374,037 477,480 359,554 453,422 501,084 10.5%
Feb. 399,485 435,537 404,863 470,718 573,082 21.7%
Mar. 458,419 485,568 404,792 535,384 646,280 20.7%
Ari. 375,730 438,081 367,617 452,040 527,622 16.7%
May 441,150 496,117 411,589 529,634 580,049  
Jun. 439,899 530,481 421,842 579,396    
Jul. 411,817 575,334 435,010 500,095    
Aug. 468,414 539,482 439,568 527,286    
Sep. 465,126 550,006 503,637 565,874    
Oct. 504,434 516,447 495,337 522,375    
Nov. 506,726 404,773 459,348 524,801    
Dec. 456,882 404,314 482,162 516,666    
total 5,302,119 5,853,620 5,185,319 6,177,691 2,828,117  
             
Thailand Import in Million Baht      
year 2007 2008 2009 2010 2011 %11/10
Jan. 353,298 493,781 312,575 441,267 533,585 20.9%
Feb. 370,689 454,519 284,034 461,656 525,658 13.9%
Mar. 394,385 476,009 334,702 503,084 599,372 19.1%
Ari. 376,928 484,722 350,282 466,176 558,526 19.8%
May 427,781 447,441 330,091 462,209 579,070 25.3%
Jun. 415,569 503,459 394,145 510,930    
Jul. 402,815 601,754 414,868 536,399    
Aug. 442,673 558,416 382,626 512,534    
Sep. 390,636 536,416 441,643 475,303    
Oct. 447,116 540,728 441,205 457,211    
Nov. 439,285 450,480 428,972 519,277    
Dec. 409,011 396,280 480,907 484,096    
Total 4,870,186 5,944,005 4,596,050 5,830,142 2,796,211  
             
Thailand Export in Million US$      
year 2007 2008 2009 2010 2011 %11/10
Jan. 10,483 14,274 10,479 13,723 16,747 22.0%
Feb. 11,159 13,234 11,731 14,404 18,868 31.0%
Mar. 12,910 15,019 11,555 16,253 21,259 30.8%
Ari. 10,850 14,104 10,429 14,091 17,564 24.6%
May 12,754 15,880 11,656 16,556 19,465 17.6%
Jun. 12,791 16,650 12,165 18,039    
Jul. 11,975 17,371 12,908 15,504    
Aug. 14,041 16,269 13,280 16,452    
Sep. 13,576 16,296 14,905 18,061    
Oct. 14,819 15,266 14,812 17,133    
Nov. 14,926 11,870 13,840 17,670    
Dec. 13,582 11,605 14,628 17,373    
Total 153,866 177,838 152,388 195,259 93,903  
             
Thailand Import in Million US$      
year 2007 2008 2009 2010 2011 %11/10
Jan. 9,083 14,613 9,013 13,207 17,604 33.3%
Feb. 10,260 13,673 8,103 13,964 17,100 22.5%
Mar. 11,007 14,574 9,454 15,099 19,473 29.0%
Ari. 10,785 15,441 9,834 14,357 18,361 27.9%
May 12,247 14,168 9,251 14,345 19,187 33.8%
Jun. 11,969 15,640 11,188 15,716    
Jul. 11,598 17,984 12,202 16,504    
Aug. 13,140 16,669 11,201 15,809    
Sep. 11,290 15,735 12,924 14,996    
Oct. 13,005 15,824 13,050 14,811    
Nov. 12,815 13,072 12,782 17,292    
Dec. 12,040 11,255 14,424 16,078    
Total 139,239 178,648 133,426 182,178 91,725  

 

Reference: Data collected from MOC.

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